Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The Dutch publisher TMG (Telegraaf Media Groep), which publishes national and regional newspapers, magazines, and news websites, as well as being involved in radio, has announced the loss of 150 jobs by the end of 2019 due to internal restructuring following its acquisition by the Belgian Mediahuis and decreases in subscriptions and advertisement income. The job losses concern mainly administrative functions, as the acquisition has made many of them redundant. The restructuring further involves abolishing certain regional editions of the newspapers and discontinuation of some of its brands (e.g. websites) in order to concentrate on its main brands, which means some editorial jobs will also be lost.
Management has expressed the hope the job losses will occur through natural attrition. This restructuring follows earlier internal restructuring affecting 75 job losses prior to the acquisition due to cuts at the regional newspapers. TMG is owned jointly by Mediahuis, which publishes major newspapers in Belgium and the Netherlands (besides those published by TMG) and Talpa, the media holding owned by John de Mol, a major Dutch media entrepreneur.
Eurofound (2017), TMG, Internal restructuring in Netherlands, factsheet number 92721, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92721.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
